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Indonesia extended its zero export levy on crude palm oil and derivatives, starting November 1, 2022, after a Palm Oil Plantation Fund steering committee meeting on October 31. The exemption remains until the CPO reference price is at or above US$800 per metric ton.
The government said the policy exists because the biodiesel market index price is still below the diesel price, so biodiesel subsidies are not yet paid out.
The zero levy keeps Indonesian palm oil export costs low, which supports export competitiveness and palm oil prices. Biodiesel demand that the government is trying to stimulate would also support domestic and global vegetable oil prices if it grows.
en.tempo.coRirie Ranggasari2022/11/01過去の強気な政策イベント548件の後、パーム油 は5営業日で中央値 +0.4% 動き（61% が上昇。中央50%は -0.7% から +2.1%）、20営業日では +0.9% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。
